shares4sharing

Is #MGR ready to move up again?

Long
LSE:MGR   None
This share is one of a couple in my portfolio that have lagged behind recently, but I added yesterday @ 36.24p as I think it may bounce from recent support at or around this level. It has a forecast PE ratio of 11.5 but forecast EPS growth of 14.3%. Earning were upgraded in the latter part of the year and it has a price target of 55p. It enjoys a stockrank of 89 and scores high for quality and value... it is only momentum that has been holding it back, so let's see what happens in the new year?

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